The Township Comprehensive Plan Update has identified areas of the Township that, because of their unique natural resources, make them worthy of special protection. The purpose of this article is to assist in permanently protecting these vital natural resources, including farmlands, prime agricultural soils, water sheds, wetlands, woodlands, and steep slopes. In accordance with Sections 603(c)(2), 605(4), and 619.1 of the Pennsylvania Municipalities Planning Code, a transfer of development rights program is established in the Township, and the Township designates the Conservation (C) and Agricultural (A) Districts as the sending area and the Residential Open Space (ROS), Residential (R), and Village Center (VC) Districts as the receiving areas. The purpose of the program is to preserve the unique natural resources and character of the land in the C and A Districts by shifting development from that area to the designated receiving areas of the Township. Furthermore, the Township intends to encourage flexibility, economy, and ingenuity in the development of parcels in the designated receiving areas. In accordance with the development policy of the Township, as set forth by the Township Comprehensive Plan Update, the regulations of this article are established in order to achieve the following:
A. Purposes of TDR.
(1) To encourage and support agricultural activity in the Township by providing to the owners of farms and other parcels of land in the C and A Districts with a means by which they can benefit from the development value of their land without the sale of land;
(2) To establish that, within the C and A Districts, the right to develop property shall be severable from that property and attached to another property in an ROS, R, or VC District;
(3) To establish a process for the transfer of development rights; and
(4) To provide guidelines for the application of development rights to assure that the resulting development is in conformance with the policies expressed by the Township Comprehensive Plan Update and is appropriate to the setting and character of the Township.
B. To further the goal of §
500-84A(2), above, the Township shall establish the TDR Bank to receive or purchase TDRs for resale. All monies to be received upon sale, to be held in a segregated bank account to be used only for the purchase of TDRs from owners of property in sending areas which do not wish to subdivide, to sell, to realize land value of a development right and/or to be used for any purpose that furthers agricultural and conservation purposes of such lands.